Fruit Tea Industry, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027
The global Fruit Tea Industry is expected to cross
USD 662.7 Million by 2025 at a CAGR of 5.5% during the forecast period of 2019
to 2025. Fruit tea is prepared by infusing various fruits or its extracts along
with herbs, spices, and earthy teas. The health benefits associated with the
consumption of Fruit Tea Industry are driving the growth of the market.
Additionally, the increasing demand for functional and flavored tea for weight
loss and beauty and skin treatments is significantly contributing to the growth
of the market. The demand for Fruit Tea Industry in emerging countries such as
India and China is high owing to the growing popularity, expansion of specialty
and functional tea retailers, and launch of innovative products by market
players. However, the increasing consumption of other beverages such as coffee
may affect the Fruit
Tea Industry growth. The launch of innovative blends of fruit
teas with health benefits offers players in the global tea market lucrative
growth opportunities.
Key
Players
Twining and Co. Ltd. (UK)
Martin Bauer Group (Germany)
Tata Global Beverages (Tetley) (India)
The London Tea Company (UK)
Unilever plc (Tazo) (UK)
Dilmah Ceylon Tea Company plc (Sri Lanka)
The Hain Celestial Group Inc. (Celestial
Seasonings)(US)
Typhoo Tea Ltd. (UK)
Harney & Sons Fine Teas (US)
McLeod Russel India Ltd. (India)
The Stash Tea Co. (US)
Vorwerk Temial GmbH (Germany)
Bird & Blend Tea Co. (UK)
Carslake Tea Company (UK)
True Tea Co. (UK)
Market Segmentation:
Launch of innovative tea blends: Increasing health consciousness and a
demand for natural energy sources are driving the growth of the segment. In
addition, consumers are increasingly looking for high-value specialty teas such
as functional or condition-specific tea. They want a unique and authentic
experience and convenience in one product thus opening new avenues for fruit
tea manufacturers in the future.
Growing demand for organic Fruit Tea Industry: Increasing health
awareness among consumers across the globe is resulting in the rising demand
for organic products. Moreover, governments and allied organizations are
promoting organic farming practices for sustainable growth, leading to an
opportunistic market for organic fruit tea manufacturers.
Dominance of tea bags in the market: By form, the tea bags segment
dominated the global Fruit Tea Industry industry in 2018 and this trend is
expected to continue during the forecast period. The convenience and attractive
packaging formats such as string and tag and pyramid are driving the growth of
the segment.
Growth of e-commerce platforms: While store-based distribution channels
dominated the Fruit Tea Industry in 2018, the expansion of e-commerce platforms
is expected to drive the growth of the non-store-based distribution channel
segment at the higher CAGR during the forecast period. This growth can be
attributed to the ease of home shopping and availability of choices along with
attractive offers.
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https://www.marketresearchfuture.com/reports/fruit-tea-market-8611
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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